56668 Ranier, MN is a small town located on the Rainy River just off the border of Minnesota and Canada. Home to only 989 people, this town offers a unique experience for those looking to escape the hustle and bustle of larger cities. Despite its small size, 56668 Ranier offers plenty of amenities such as schools, churches, shops, restaurants, and more.
The rental market in 56668 Ranier is affordable with 2 bedroom apartments renting for an average of $810 compared to the US national average of $1,430. Grocery costs in 56668 Ranier are also relatively low at an index rate of 98 which is lower than the US average of 100.
Local companies in 56668 Ranier include Carlson's Hardware & Building Supply, Spanky's Saloon & Eatery, Coffee Time Bakery & Cafe, R&M Auto Repair and more. This quaint town offers something for everyone from great dining and retail options to outdoor activities such as fishing on the river or golfing at nearby courses.
Ranier (zip 56668) has an unemployment rate of 5.7%. The US average is 6.0%.
Ranier (zip 56668) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Ranier (zip 56668)
- The Sales Tax Rate for Ranier (zip 56668) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ranier (zip 56668) is 7.1%. The US average is 4.6%.
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Income and Salaries for Ranier (zip 56668)
- The average income of a Ranier (zip 56668) resident is $46,780 a year. The US average is $37,638 a year.
- The Median household income of a Ranier (zip 56668) resident is $71,442 a year. The US average is $69,021 a year.